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and likely ally rand paul. mandatory minut minimum sentencs destroyed so many lives. in 2004 after he went to trial after turning down the plea bargain he faced 100 years in prison for marijuana a and gun charges he was convicted on three counts and one gun charge. >> he was onl on o obliged to se him to 50 years in jail. >> he has a longer term than three hijackings or three kidnappings or three raims. rap. >>. >> there is no question that he committed a crime and he should be punished. but 5 55 years? he will be in jail until he is 85 years old. >> in the court that day his eldest son anthony then seven 55 grease55years is more than you e lived so fare. so far you hav vur have you beee to grasp what that is i in your head. >> i just wonder if my dad will fer get ouever get out and if ie him before i'm 18. >> i'm sorry. >> it's okay. >> all of his appeals have been exhaustioned. thinks only hope of leaving prison before his 8 80th 80th birthday is clemency. >> a cause his sister is championing. even good people make mistakes i think his mistake cost him his life. tha
and likely ally rand paul. mandatory minut minimum sentencs destroyed so many lives. in 2004 after he went to trial after turning down the plea bargain he faced 100 years in prison for marijuana a and gun charges he was convicted on three counts and one gun charge. >> he was onl on o obliged to se him to 50 years in jail. >> he has a longer term than three hijackings or three kidnappings or three raims. rap. >>. >> there is no question that he committed a crime and he...
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. >> named after paul vol kerr, the former federal reserve chairman, the rule banned banks that take federally insured deposits from engaging in so called proprior tear trading. >> widely seen as the center piece of the wall street reform and consumer protection act, it has become contentious, because unlike glassed eagle it does not ban all trading. >> banks can still trade securities or execute trades for their customers. and for years now, regulators have been rangeling with how to distinguish those ben nine trades from ones that can harm a bank. >> those who favor a tough interpretation, point to the $6 billion trading loss jpmorgan chase incurred in the london whales scandal. whether the rule changes the excesses only time will tell. patricia, al jazeera, new york. >> a man we are about to talk to says the financial crisis of 2008 had nothing to do with proprior tear trading by banks and he says the rule and the to be frank act will not do enough to address the real issues. compensation risk taking on wall street. bill cone, who worked on wall street for 17 years and has written
. >> named after paul vol kerr, the former federal reserve chairman, the rule banned banks that take federally insured deposits from engaging in so called proprior tear trading. >> widely seen as the center piece of the wall street reform and consumer protection act, it has become contentious, because unlike glassed eagle it does not ban all trading. >> banks can still trade securities or execute trades for their customers. and for years now, regulators have been rangeling...
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. >> named after paul vole kerr, the former federal reserve chairman, it bans banks to take deposits from engaging in so called proprior tear trading. widely seen as the center piece of the dock frank wall street we form, the vole kerr rule has become contentious, because unlike glass seagull it does not ban all trading. >> banks can still trade securities or execute trades for their customers. and for years now, regulators have been rangeling with how to distinguish those ben nine trades from ones that can harm a bank. those who favor a tough interpretation, point to the six with dollars trading loss jpmorgan chase incurred in the london wails scandal. the rule is already having an impact on wall street. even just knowing it is coming most of the banks have gotten rid of their own trading. >> whether the rule tames the excesses, only time will tell. al jazeera, new york. >> critics arguing the rule will force banks to cut back on lending to small businesses hutting investment and job growth. concern about when the fed may start easing its monetary stimulus program, keeping stocks in
. >> named after paul vole kerr, the former federal reserve chairman, it bans banks to take deposits from engaging in so called proprior tear trading. widely seen as the center piece of the dock frank wall street we form, the vole kerr rule has become contentious, because unlike glass seagull it does not ban all trading. >> banks can still trade securities or execute trades for their customers. and for years now, regulators have been rangeling with how to distinguish those ben nine...
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paul, appreciate it. let's be more on the weather in the west, now here is dave. >> yeah, the big issue here is this cold air that is pushed down from the north, and it is close to the surface, once you get further south. at first these temperatures -- these are the current readings, gusty winds but right about zero in north dakota, denver there the official reading at 7:00, further south, we get to 25 in oklahoma city, but just above freezing there in dallas. now this is cold air that is coming right at the surface. look at these two temperatures 20 and 50. that's a little different here, because it isn't the space between them. so obviously temperatures well above freezing. as you go up in the atmosphere. you are getting the temperature of 50, and it is falling into air, which aids 20 degrees right at the surface. they need to freeze it before it hits the ground. that's where you get the coating of ice. by tomorrow morning another wave of moisture moves in. this is just a big large area. of either sleet
paul, appreciate it. let's be more on the weather in the west, now here is dave. >> yeah, the big issue here is this cold air that is pushed down from the north, and it is close to the surface, once you get further south. at first these temperatures -- these are the current readings, gusty winds but right about zero in north dakota, denver there the official reading at 7:00, further south, we get to 25 in oklahoma city, but just above freezing there in dallas. now this is cold air that is...
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the match up within the match up will be super star lebron james, veries budding super star paul george. despite playing april lancely enough to win the nba player of the week award twice in november, it was george who took home player of the month honors. george is only the second player not named lebron james in the last seven nba regular season months to win that award. james' heat haven't been so hot having gone 2 and 2 in their last four games after a 14-3 start. hurting the heat is their rebounding or lack thereof. the heat are among the bottom 5 teams in the league in the rebounding department. for their part, the pacers are one of the nba's better teams. while 14 of their first 19 this season came against teams below 500 at the time they were faced with a three game gauntless, against nba power houghses san antonio, oklahoma city, and the heat. they lost to oklahoma city. >> against a team as good as indiana you can't allow those points. well, we talks about indiana's prowess on the road, but home is where the winds have been. they have gotten off to a franchise record. roz, bac
the match up within the match up will be super star lebron james, veries budding super star paul george. despite playing april lancely enough to win the nba player of the week award twice in november, it was george who took home player of the month honors. george is only the second player not named lebron james in the last seven nba regular season months to win that award. james' heat haven't been so hot having gone 2 and 2 in their last four games after a 14-3 start. hurting the heat is their...
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paul allen of microsoft, and penny pritzker who is a democratic fund-raising rain maker and billionaire in her own right. and there are big concerns about the crop insurance program. they say that is wasteful as well. you have tea party and fiscal conservatives who say it is too liberal, as well as liberals who say the cuts are so dire. >> mike, if this bill doesn't get done people with food stamps it seems are going to get hit hard and get hit hard right before the holidays. >> and it is lower-income americans who will bare the brunt of this. both of the versions cut the food stamp program. the senate does it much more lightly, the house much more substantially. they cannot agree -- and so what happens? you have -- you have people on both sides on the left and on the right who can'ting a -- can't agree. there is a watchdog groups who are very critical. let's listen to this. >> there are ore ways that the government ends up elevating the price of crops through price supports. there are price supports in the farm bill where the government is guaranteeing a certain price for each crop, so
paul allen of microsoft, and penny pritzker who is a democratic fund-raising rain maker and billionaire in her own right. and there are big concerns about the crop insurance program. they say that is wasteful as well. you have tea party and fiscal conservatives who say it is too liberal, as well as liberals who say the cuts are so dire. >> mike, if this bill doesn't get done people with food stamps it seems are going to get hit hard and get hit hard right before the holidays. >> and...
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players patty murray a democrat were washington state, head of the budget committee and the senate, and paul ryan over in the house, they're working together to cook something up. we got insight from dick durbin and he referenced unemployment benefiting is the president wants to see rolled in a big deal. senate wants that, republicans don't. >> what i hear from patty murray, i spoke to her the other night. negotiations are making progress, moving in the right direction. they have not closed a deal but i hope as part of it the negotiators will take to part ht what the president had to say. >> reporter: wrapping unemployment benefits extension that run out in late december into this deal. the republicans are balking at that. they're trying to replace the sequester cuts, where they get the money to pay for those is the big sticking point. they're looking at user fees, that will be unveiled as the week goes on. no big shutdown news just yet. >> and the issue of plastic guns. it sounds like it's something new with 3d printers but this is old. >> reporter: that's right. since 1988 there has been a
players patty murray a democrat were washington state, head of the budget committee and the senate, and paul ryan over in the house, they're working together to cook something up. we got insight from dick durbin and he referenced unemployment benefiting is the president wants to see rolled in a big deal. senate wants that, republicans don't. >> what i hear from patty murray, i spoke to her the other night. negotiations are making progress, moving in the right direction. they have not...
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two key players to come out and address the media, and patty murray democrat of washington state and paul ryan congressman of wisconsin, they're the two chairs of the budget committees. they've been the ones hammering out this deal. they've been going through meetings with their respective caucuses and debriefing people and we'll get the contours of what they're proposing. two-year budget deal. funding the federal government for two years. it would set new spending limits which would give the appropriators to go back, get to work and come up with new benefits with could, indeed, avoid another government shutdown. they're looking at curbing some of the sequestration cuts, another round coming due in january, and they're looking at airline fees, don't call them taxes. no one likes that word around here. but they'll be looking at user fee replacements. this is a small bargain, it is not a dig beal but it is something at the time when members of congress has not been able to come up with much. it is seen as a bit of a breakthrough. they're naming this bill the bipartisan budget act. that says
two key players to come out and address the media, and patty murray democrat of washington state and paul ryan congressman of wisconsin, they're the two chairs of the budget committees. they've been the ones hammering out this deal. they've been going through meetings with their respective caucuses and debriefing people and we'll get the contours of what they're proposing. two-year budget deal. funding the federal government for two years. it would set new spending limits which would give the...
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chris paul stole the show with his double-double. 25 points 13 assists the clippers winning here, 94-83. the world champion sebastian vettel has criticized new plans to aword double points at the final season, that decision is one of a number of new measures to be introduced. with three races of the season still left, believes the double points measure with best advantage, those driver whose worked hard to accumulate points throughout the year. the winner of next year's grand prix gets 50 points and not 25 -- had this plan been in place for the last few years they would not have claimed the championship, instead it would have been that man. would have been crowned world championship, some of the other new elements to be introduced is a global cost cap. the budget has to be defined and also be a new five second penalty for minor infringements and f-1 bosses approvement. to the 19th of this month. >> all of those big sport stories on our website aljazeera.com. swell how you can interact with our team using twitter and facebook. >> thank you very much, robin. thank you, more sports later
chris paul stole the show with his double-double. 25 points 13 assists the clippers winning here, 94-83. the world champion sebastian vettel has criticized new plans to aword double points at the final season, that decision is one of a number of new measures to be introduced. with three races of the season still left, believes the double points measure with best advantage, those driver whose worked hard to accumulate points throughout the year. the winner of next year's grand prix gets 50...
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paul ryan chairman of the house and patty murray, one republican one democrat engaging in talks, don't expect them to come up with a big proposal but a modest proposal could keep the government funded and running past the next deadline we're watching, january 15th. that's the real one. this friday is fairly arbitrary. if they botch that, if they can't come to any agreement the sky doesn't fall. but it's the january 15th deadline they're trying to get ahead of. we are seeing that they are going to try to come up with sequester cuts, the question is how to pay for them. we're watching for something like user fees, perhaps cuts to federal worker workers benefits. issues that the members of the committee are trying to hammer out. stay tuned. >> talk about hammering things out, a budget isn't the only thing that congress is trying to hammer out. what else tops that agenda? >> it is a big agenda. harry reid laid it out for us this afternoon. >> we must address the issue of additional sanctions against iran, we must address the jobs conference report, medicare keeping doctors by adjusting phy
paul ryan chairman of the house and patty murray, one republican one democrat engaging in talks, don't expect them to come up with a big proposal but a modest proposal could keep the government funded and running past the next deadline we're watching, january 15th. that's the real one. this friday is fairly arbitrary. if they botch that, if they can't come to any agreement the sky doesn't fall. but it's the january 15th deadline they're trying to get ahead of. we are seeing that they are going...
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the last gathering that even compares in size, scope, magnitude in pope john paul ii. the list of speakers is president obama, u.n. secretary-general ban ki-moon, and four of his grandchildren. >> there are a couple of people that lived parallel lives to nelson mandela. after the memorial service nelson mandela's body will lie in state in pretoria. he'll be buried in his home village of qunu, it's in the east of the country, close to the ocean. >> we have team coverage. al jazeera's ali velshi is outside the stadium, and allen schauffler is inside. we have special guest in studio was. >> we have an assistant professor of anthropology at columbia university and a professor of higher education at new york university. she is was appointed to a commission dear to nelson mandela. first to allen schauffler inside the stadium. one thing comes to mind looking at the atmosphere - i imagine this is a bittersweet day for south africans. >> i would doubt that. everybody i have spoken to said the bittersweet part spoke before. you should have seen the crowd boil through the gate. w
the last gathering that even compares in size, scope, magnitude in pope john paul ii. the list of speakers is president obama, u.n. secretary-general ban ki-moon, and four of his grandchildren. >> there are a couple of people that lived parallel lives to nelson mandela. after the memorial service nelson mandela's body will lie in state in pretoria. he'll be buried in his home village of qunu, it's in the east of the country, close to the ocean. >> we have team coverage. al jazeera's...
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honored today and this global outpeg, which i can't remember seeing this since the death of pope john paul ii perhaps. you count the word leaders, more than 50 are there. help us understand why this outpouring. was it simply his life, his personality? what was it about nelson mandela? >> do you want to take that, or should i go ahead? >> go ahead. >> it's not just the fact that many of the people themselves were politically active in the apartheid struggle. i think the international struggle pulled in people. i think many are there because they had this experience are being politicized by the anti apartheid struggle. many leaders, heads of state are there because they also have some kind of relationship with south africa, historical relationship. i saw the foamer president of britain you wouldn't expect to show up, but they feel they have a special relationship with south africa. there's a kind of moral pressure for people to be there, because it's one of those moments at which you can't quarrel with the morality. >> we were talking about how the end of the cold war is really why we're all
honored today and this global outpeg, which i can't remember seeing this since the death of pope john paul ii perhaps. you count the word leaders, more than 50 are there. help us understand why this outpouring. was it simply his life, his personality? what was it about nelson mandela? >> do you want to take that, or should i go ahead? >> go ahead. >> it's not just the fact that many of the people themselves were politically active in the apartheid struggle. i think the...
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joining us live from denver, with a look at what is being done to protect them, and paul, what can you tell us? >> well, stephanie, here in denver, it is a clear beautiful day, but bitter cold. it is really only about five degrees now after hitting a record low of 13 below last night. there's no end in sight tonight is expect tock get out of the teens until monday, and not above freezing maybe tuesday when we may see a temperature in the mid 30's. it is difficult for everybody, a lot community like so many american cities right behind me is the denver rescue mission it is one of the largest homeless service providers and they have been running at capacity last night they slept 315 people in that building. that means they put down mats in their chapels in their hallways and used every bed they had, they also had another 150 people and another facility a little further from downtown when we heard from other homeless organizations that they are also running. so the cold and inconvenience for some, but life threatening for others here being service bedty homeless organizations. >> thank go
joining us live from denver, with a look at what is being done to protect them, and paul, what can you tell us? >> well, stephanie, here in denver, it is a clear beautiful day, but bitter cold. it is really only about five degrees now after hitting a record low of 13 below last night. there's no end in sight tonight is expect tock get out of the teens until monday, and not above freezing maybe tuesday when we may see a temperature in the mid 30's. it is difficult for everybody, a lot...
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patty murray, and paul ryan. of course the vice presidential candidate last year. and they're trying to figure out a budget, they have to make their presentation to congress. and then they're trying everything they can to avoid another government shoulddown and there is hope that it leads to some compromise can be reached. >> libby if congress is not able to get to the farm bill and some of these other important measures, are stop-gap measures the way to go? >> some things could be dealt with retrotively. things relating to the tax code they will come back and take care of them as the year gets started but that's why people are calling things like the dairy cliff an important issue. $7 for a gallon of milk is something that americans will not be happy with and they are hope that they will come some sort of bills. >> congress is under fire, for not being very productive in the last year. >> reporter: that's right. it's being called the do-nothing congress from many quarters because of the small number of actual laws that they have been able to pass. we saw them push
patty murray, and paul ryan. of course the vice presidential candidate last year. and they're trying to figure out a budget, they have to make their presentation to congress. and then they're trying everything they can to avoid another government shoulddown and there is hope that it leads to some compromise can be reached. >> libby if congress is not able to get to the farm bill and some of these other important measures, are stop-gap measures the way to go? >> some things could be...
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. >> the two most important people at the table are congressman paul ryan and democratic senator patty murray of washington state. >> we're going to find the common ground between our two budgets that we can both vote on and that's our goal. >> no steps forward means no relief from sequester cuts with more on the way. and senate republican leaders don't son concerned. >> i think it's a bad idea to revisit a law that is actually working and reducing spending for the government. >> not all republicans are at peace with it. congressman howell rogers of kentucky chairs the appropriations committee and says the current cuts and the next round are gruesome. >> a $20 billion cut to the military above and beyond what they already sustained. that would be very, very severe. >> reporter: congressman moran questions the real incentive for getting a deal done. >> we could fix the budget situation in a bipartisan way won hours, but the leadership doesn't want that done. they don't want to make deals. >> during back the sequester and preventing another government shut down would required them workin
. >> the two most important people at the table are congressman paul ryan and democratic senator patty murray of washington state. >> we're going to find the common ground between our two budgets that we can both vote on and that's our goal. >> no steps forward means no relief from sequester cuts with more on the way. and senate republican leaders don't son concerned. >> i think it's a bad idea to revisit a law that is actually working and reducing spending for the...
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you saw a clip from rand paul. there is a fundamental belief on their part that unemployment n cripples workers. i would argue that nobody enjoys being unemployed and when jobs are available, people have an incentive to get them and there's no real economic correlation between up employment insurance and long term unemployment. it's more a correlation between demand growth. >> is there a disconnect, in your opinion with the republicans on the issue of the unemployment benefits that perhaps is a generational thing, seeing the benefits as something that benefits those who don't want to work versus those who lost jobs in the economic meltdown and can't work? >> well, i don't know filled call is a generational disconnect, because i don't know if it correlates to the age of a member of congress or their con sit with went. i think there is a philosophical disconnect. when we talk about issues like raise in the minimum wage, which so clearly would address the growing disparity between rich and poor in this country, it's s
you saw a clip from rand paul. there is a fundamental belief on their part that unemployment n cripples workers. i would argue that nobody enjoys being unemployed and when jobs are available, people have an incentive to get them and there's no real economic correlation between up employment insurance and long term unemployment. it's more a correlation between demand growth. >> is there a disconnect, in your opinion with the republicans on the issue of the unemployment benefits that...
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paul george was making it rain, wracking up a career high 43 points. pacers down by two. lillard seals the deal there. the pacer improve to 15-3 on the season. >> roller coaster ride, back and forth, florida takes the lead as michael trasher off the glass. gators up 64-63. yukon had one last chaps. pump up the volume. >> five seconds to go. lost the dribble, leans in, that's no good. back tap, for the win! he got it! >> oh, yeah. let the celebration begin. fires as improves to a perfect 8-0 on the season. steve sarkisian said hello to u.f.c., the degree honest. >> hiring. i. the interim coach quit after hearing the news. sarkisian turned around the huskies program with a 34-29 record in five seasons. hopefully, they can recab at your the magic. >> african elephants in danger. what's being down protect the majestic creatures from ivory poachers. >> numerous winter storm warnings up in place that have seen over 24 hours. i'll have the details in your forecast. ♪ ♪ >> love that movie, gene kelly's suit from this scene sold for $10 back in 1970. find out how much it is ex
paul george was making it rain, wracking up a career high 43 points. pacers down by two. lillard seals the deal there. the pacer improve to 15-3 on the season. >> roller coaster ride, back and forth, florida takes the lead as michael trasher off the glass. gators up 64-63. yukon had one last chaps. pump up the volume. >> five seconds to go. lost the dribble, leans in, that's no good. back tap, for the win! he got it! >> oh, yeah. let the celebration begin. fires as improves to...
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after a second day of talks, paul joins us. >> n.a.t.o. officials meet with afghan's foreign minister. could we be closer to a signature. >> i think the principal you have to think of when you talk about these meetings, is like an apple press. you tighten the pressure in the hope that the juice flows. there's a blockage in the pipeline. it is hamid karzai. he's not willing to sign the bilateral agreement. even john kerry will not speculate as to why he will not sign it. hamid karzai at the moment says no. susan rice went to kabul, he said no. as john kerry says on tuesday here in brussels, there are some 50 nations who are part of the effort to stablilize afghanistan. they have budgetary cycles, planning cycles, and you don't turn off military cycles like this. there has to be planning involved. n.a.t.o. says it needs the signature before the end of the year. n.a.t.o. officials said any signature will do. hamid karzai says he will not sign it until next year. could it strain relations with president hamid karzai. >> i think it already it.
after a second day of talks, paul joins us. >> n.a.t.o. officials meet with afghan's foreign minister. could we be closer to a signature. >> i think the principal you have to think of when you talk about these meetings, is like an apple press. you tighten the pressure in the hope that the juice flows. there's a blockage in the pipeline. it is hamid karzai. he's not willing to sign the bilateral agreement. even john kerry will not speculate as to why he will not sign it. hamid karzai...
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house republican paul ryan and senate democrats are working on a plan. if they can get it done, it could help the government avoid a shut down for the next few years. we have more from washington. >> i'm glad to be here. >> the 29 members of congress who sit on the budget conference committee have nine more days to come up with a fiscal plan they can sell to their colleagues. december 13 is the last day both the house and senate are scheduled to be in session this year. that's d-day for the budget conference. don't expect to it accomplish major savings and reform. >> i don't expect a grand bargain. i don't expect a medium bargain. that i expect a mini bargain. >> both sides want to avoid a looming deadline january 15, which is when a government shut down would be triggered unless congress reaches a deal. many hope to face the spending cuts known as sequestration. >> the sequester was designed to be the worst of all possible fiscal policies, so oh unacceptable that both political parties would run away from it and come to some better agreement. >> congres
house republican paul ryan and senate democrats are working on a plan. if they can get it done, it could help the government avoid a shut down for the next few years. we have more from washington. >> i'm glad to be here. >> the 29 members of congress who sit on the budget conference committee have nine more days to come up with a fiscal plan they can sell to their colleagues. december 13 is the last day both the house and senate are scheduled to be in session this year. that's d-day...
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the gop budget guru paul ryan and the senate budget committee chairman are leading the talks. class i am hopeful paul ryan and patty murray will come to a budget agreement and that they can pass both isles in the senate. -- gave us an update on where they were and i am hopeful they will be able to work this out. there is clearly no agreement. click the clock is ticking. there is still much work to be done. time is running out on a budget agreement. we understand negotiations are we alsong and understand there is no final deal. qwest paul ryan says he does not know if they can reach a deal by friday but does they are working on it. what they are working on is a narrow word he'll, trying to ease sequestration. in case a budget deal is not reached him a lawmakers came up with a short-term bill to fund the government, which runs out of money yet again on january 15th. matt out joined the surveillance team this morning. ultimately put agreement together that is a short-term agreement. to me, we will not get out of the political mess until 2016. we are in a situation where the presi
the gop budget guru paul ryan and the senate budget committee chairman are leading the talks. class i am hopeful paul ryan and patty murray will come to a budget agreement and that they can pass both isles in the senate. -- gave us an update on where they were and i am hopeful they will be able to work this out. there is clearly no agreement. click the clock is ticking. there is still much work to be done. time is running out on a budget agreement. we understand negotiations are we alsong and...
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paul, it is always good to have you on the broadcast. thank you for your time tonight. >> thank you. >> when bottom line continues, encore, your guide to the biggest newsmakers of the week. we'll be right back. ♪ 3, two, one. >> president obama and the first family throwing the switch, lighting be national christmas tree. it bade it in light. the president then later singled -- mandela,andel a the beloved seven everton leader. he said, he blessed us with tremendous grace and courage. we are all privileged to live in a world touched by his goodness. the national christmas tree, it was lit tonight in washington. you encore. the most notable newsmakers from the past week, on bottom line. >> we are a long way from seeing successful logging in, making counts, getting the right information to the insurers, getting something appropriate. it would be premature for anyone to declare bakery. a lot of this is not functional. 40% of it needs to be crated from scratch. insurers are worried about their ability to get the right information. consumers
paul, it is always good to have you on the broadcast. thank you for your time tonight. >> thank you. >> when bottom line continues, encore, your guide to the biggest newsmakers of the week. we'll be right back. ♪ 3, two, one. >> president obama and the first family throwing the switch, lighting be national christmas tree. it bade it in light. the president then later singled -- mandela,andel a the beloved seven everton leader. he said, he blessed us with tremendous grace and...
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the easy conclusion to jump to is that paul ryan has to get the tea party on board. patty murray has her work cut out for her. >> she does. it is notable that paul ryan met with the study committee yesterday. -- heed to bring with him will get most of the republican congress. democrats here are not happy about some aspects. federal workers are at big issue. unemployment is a big issue. will they get those votes. at the end of the day, the sense i get is that they will get a deal. it could be announced next week. >> thank you so much for joining us. peter cook, our chief washington correspondent. back, at&t jumps on the no contract bandwagon. all you need is to own your own mobilephone. that is next. you are watching bloomberg tv. we are streaming live on your phone, tablet, and bloomberg.com. ♪ >> you are watching "market makers." a new ceo takes over at time warner cable next month. he has worked his way up to chief operating officer. decision may be to sell time warner cable and find his way out of a job. unless his current job doesn't first. rob gave us the next
the easy conclusion to jump to is that paul ryan has to get the tea party on board. patty murray has her work cut out for her. >> she does. it is notable that paul ryan met with the study committee yesterday. -- heed to bring with him will get most of the republican congress. democrats here are not happy about some aspects. federal workers are at big issue. unemployment is a big issue. will they get those votes. at the end of the day, the sense i get is that they will get a deal. it could...
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we know a house budget chairman, paul ryan budget leader, expected to be added this weekend. if they can get to a deal, that would avoid another government shutdown january 15. it would likely be a small and -- smaller deal. it could be a small as $35 billion. it would head off another round of automatic such cuts known as the sequester. we have artie got some groups fighting this and that includes airlines and federal employees. it includes raising the fees by airline passengers. it also changes federal thatement programs contribute more. congressional leaders yesterday stressed a timeline. a self-imposed headline next week. cave -- gave us an update on where they were. i am hopeful they will be able to work this out. there is clearly no agreement. on ame is running out budget agreement. we understand negotiations are continuing, but we also understand there is no final deal. >> house speaker jon banner -- t present plan to keep >> thank you. megan hughes in washington. moving and shaking this hour, warren buffett, a new study says he is not just a great investor, but is the
we know a house budget chairman, paul ryan budget leader, expected to be added this weekend. if they can get to a deal, that would avoid another government shutdown january 15. it would likely be a small and -- smaller deal. it could be a small as $35 billion. it would head off another round of automatic such cuts known as the sequester. we have artie got some groups fighting this and that includes airlines and federal employees. it includes raising the fees by airline passengers. it also...
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paul volcker said his goal was to change the culture of wall street. in the volcker rule this time around it does tie compensation to risky trading. that doesn't go far enough? compensation and incentives are completely different from what you are allowed to do every day. this volcker rule, the dodd- frank law, none of that changes the way people on wall street are compensated and what they are rewarded to do. which is to take big risks with other people's -- >> it incentivizes risky trading, that was the goal. >> fine. once again, scarlet, the problem over the years with a wall street has not been proprietary ording or private equity investing in other people's hedge funds. the problem has been creating products that they think will make the world a better and then selling the heck out of them until problems occur. carney from a bank if we get the bad outcome you think we get, is it nothing more than a trading and derivatives migration of jobs over to london or over to zÜrich and for that matter, over to tokyo? >> they're very well could be some of t
paul volcker said his goal was to change the culture of wall street. in the volcker rule this time around it does tie compensation to risky trading. that doesn't go far enough? compensation and incentives are completely different from what you are allowed to do every day. this volcker rule, the dodd- frank law, none of that changes the way people on wall street are compensated and what they are rewarded to do. which is to take big risks with other people's -- >> it incentivizes risky...
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openedpointless, when i the restaurant, it was myself and the paul washer. no money whatsoever. hours a week 120 for the first eight or nine years. schoola modern business approach. if you need something, buy it, pay for it afterwards. money.ever driven by i just wanted to cut. , we had eight staff in the kitchen, 25 staff in total, and then -- it was so risky, that i am going to make sure that i built something to protect. you have to look into things, allowing your team to grow if you have good talent and the other thing is, the duck is my baby. >> now that you have a successful tv series, at the same time you have the range .ith -- they all of the money that comes in, we have the contract, the book is continual. the tv shows are in production. we also have a deal with cole's. we have a restaurant and a whole new concept next year. there is vision express stuff. i am involved in signing everything. >> how much control do you actually have? about a michelin star chef in the u.k. but did not understand how his name or brand was being used. he was signing up to be this that and t
openedpointless, when i the restaurant, it was myself and the paul washer. no money whatsoever. hours a week 120 for the first eight or nine years. schoola modern business approach. if you need something, buy it, pay for it afterwards. money.ever driven by i just wanted to cut. , we had eight staff in the kitchen, 25 staff in total, and then -- it was so risky, that i am going to make sure that i built something to protect. you have to look into things, allowing your team to grow if you have...
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top hole on the street and that is not what the public is expecting from regulators in 2013. >> paul volcker, the rule bears his name, says the spirit of wall street is what he is trying to change with this rule. five years from now, what will this culture really look like? >> that absolutely remains to be seen. one of the most interesting parts of the rule will be how ceos adapt to it. they have a role in making sure that there programs are compliant. a lot of people like myself that hoped that it would go even farther. as they said, the rules are necessarily a bit vague. that is why i hope that we see ceos taking the spirit of the rule on board. >> what about reinstating glass- steagall, then? >> if the volker rule is not seen as strong enough, not enforced strongly by regulators, i think you will see even more growing support from republicans and democrats on the hill for that, and i understand that, but the most important thing right now is making sure that we understand the rule and making sure that regulators can enforce it. >> jennifer, richard, we have to leave it there. than
top hole on the street and that is not what the public is expecting from regulators in 2013. >> paul volcker, the rule bears his name, says the spirit of wall street is what he is trying to change with this rule. five years from now, what will this culture really look like? >> that absolutely remains to be seen. one of the most interesting parts of the rule will be how ceos adapt to it. they have a role in making sure that there programs are compliant. a lot of people like myself...
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this was first conceived by paul volcker to reduce the risk in the financial system. not going to be late -- be relieved by what they see but they will at least get certainty and target to shoot for. do not be surprised if this ends up in court. a band for proprietary trading. keep the things from being able to invest in private equity firms and hedge funds. there are specific hedge funds -- it specific rules in this. have these all been made? do you expect once it is approved by the regulators that there will be more changes on wall street? >> i think they will have to read the fine print. a lot of them have already moved out of the hedge funds and private equity investments. that aspect of the role was pretty clear. there was questions about how much of the market making could and 10 you. they will read the fine print as they can do more of the business because it abides by the business or maybe it is right on the edge and is a skill that. it is a significant amount of money. the top five ranks in the country came from the mark it principal business. we have seen an
this was first conceived by paul volcker to reduce the risk in the financial system. not going to be late -- be relieved by what they see but they will at least get certainty and target to shoot for. do not be surprised if this ends up in court. a band for proprietary trading. keep the things from being able to invest in private equity firms and hedge funds. there are specific hedge funds -- it specific rules in this. have these all been made? do you expect once it is approved by the regulators...
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i'll give you the last word. >> paul ryan doesn't have to make a deal. but i think it's worth exploring it. if you can get less spending overall and save better defense policy, why not? it's worth looking into. >> but he has the cards. he holds the trump cards. >> absolutely. yeah. the default is a good outcome. >> right. >> can he improve on it, maybe. he doesn't have to. >> we have to jump. thank you very much. appreciate it. rest of our panel has much more work to do now. how about that rally on wall street today? well, maybe, just maybe those trade earns finally decided to take good news as good news. we'll talk about your money with our expert investors next up. please stay with us. clients are always learning more to make their money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with s
i'll give you the last word. >> paul ryan doesn't have to make a deal. but i think it's worth exploring it. if you can get less spending overall and save better defense policy, why not? it's worth looking into. >> but he has the cards. he holds the trump cards. >> absolutely. yeah. the default is a good outcome. >> right. >> can he improve on it, maybe. he doesn't have to. >> we have to jump. thank you very much. appreciate it. rest of our panel has much more...
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health care costs because after all, that's the real problem here, and what the president did was what paul ryan's budget actually called for. now the republicans are critical for it. >> right. just to end this thing, look -- >> you're with me on this, right, larry? >> i think your hypothesis is right. i don't think at the end of the day they are going to take the $700 billion out of medicare. that's number one. number two, to emily's point, a lot of that is coming out of medicare advantage, which is popular. so i think this is part of the financing mystery of how obama care is going to wind up being paid for. now, we don't have time -- >> it's going to wind up being paid for by the taxpayers. >> they may have to come back for more. that's another segment. i appreciate both of you making those points. steve mcmahan, emily miller, thank you. >>> this is the moment you have all been waiting for. it's the first ever "kudlow report" youth summit. holy cow. four young college students, four, count them, are about to join me on the set live. they will talk about why young people are turning on ob
health care costs because after all, that's the real problem here, and what the president did was what paul ryan's budget actually called for. now the republicans are critical for it. >> right. just to end this thing, look -- >> you're with me on this, right, larry? >> i think your hypothesis is right. i don't think at the end of the day they are going to take the $700 billion out of medicare. that's number one. number two, to emily's point, a lot of that is coming out of...
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e-mail us worldwide@cnbc@paul westgate. we have that atm at least a year ago when that was announced as well. >>> a group of major use tech companies are calling on president obama and congress to impose strict limits of surveillance. google, yahoo, facebook and twitter have written a letter. they're calling for an end to what they call mass collection of youth's information, e-mail, contact lists and others. we'll talk about this in the second hour. >>> seceberus capital is bringing in an investor for other sellers. they make the bushmaster weapon used in connecticut. they've been trying to sell the business for the last year. >>> take a short break. still to come. german elections. protests in the west. politics dominating 2013. the next one says it will be a bit risky. here to stay. >>> you're watching "worldwide exchange." i'm ross west gatd. your headlines, europe fails to build on asia. a weakening on the yen. >> announcer: you're watching "worldwide exchange" bringing you business news from around the globe. >>> hell
e-mail us worldwide@cnbc@paul westgate. we have that atm at least a year ago when that was announced as well. >>> a group of major use tech companies are calling on president obama and congress to impose strict limits of surveillance. google, yahoo, facebook and twitter have written a letter. they're calling for an end to what they call mass collection of youth's information, e-mail, contact lists and others. we'll talk about this in the second hour. >>> seceberus capital is...
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patti murray and paul ryan are scheduled to meet with the goal of finalizing an agreement. they've been discussion a small plan to raise federal spending levels to around $1 trillion for the next two years and replace sequester budget cuts. if that deal is reached, specifics could be given to democratic and republican lawmakers. the u.s. has taken a bit of a breather. the federal reserve bank of st. louis, president james bullard says positive trends in job markets make cuts more likely and jeff lacker, the president of the federal reserve bank of richmond says he expects a tapering discussion at next week's fomc meeting. do they go next week, kevin? >> there's a much higher possibility now after the payrolls numbers we saw last week. and i think the comments by bullard are interesting. the fact that he's now coming out and saying a small tape ner december or the smart of a taper -- >> 5 billion? 7 billion? >> yeah, probably. it's showing the hand, showing that they are determined to start -- >> are there any risks in going next week? >> yeah. markets this time of year are
patti murray and paul ryan are scheduled to meet with the goal of finalizing an agreement. they've been discussion a small plan to raise federal spending levels to around $1 trillion for the next two years and replace sequester budget cuts. if that deal is reached, specifics could be given to democratic and republican lawmakers. the u.s. has taken a bit of a breather. the federal reserve bank of st. louis, president james bullard says positive trends in job markets make cuts more likely and...
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and we're going to talk a lot about it today, but did you see patti moistuurray and paul ryan the way i look at it, they're on the football field, they brought the can out, and you know those things they set it in when they go to kick off? they've got it sitting there. >> it's not lucy with her finger on the ball, is it? >> you don't know. it could come as early as next week if it doesn't get messed up. >> that is a great headline. >> they're clearly kicking it past the next election. any open government for two years where we're actually have a budget is like nirvana for us now. it's like the promise land, government open for two years, no promises, doing nothing with intiethsmentes, nothing with tax reform, nothing with -- just paying for some, you know, trying to lessi inen the effect sequestration. >> look at the different points on the board. at this point in the game, we'll take that, right? >> and then the other thing that i just wanted to mention in following up on our conversations is what's going on in china? my man. my man. for the democratic party, i'm with biden. did you
and we're going to talk a lot about it today, but did you see patti moistuurray and paul ryan the way i look at it, they're on the football field, they brought the can out, and you know those things they set it in when they go to kick off? they've got it sitting there. >> it's not lucy with her finger on the ball, is it? >> you don't know. it could come as early as next week if it doesn't get messed up. >> that is a great headline. >> they're clearly kicking it past the...
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this has been patti murray and paul ryan. our democratic -- haven't been part of the discussion. so in terms of getting a sense of whether there's a deal brewing that can pass both houses, we don't have enough information at this point to know. all we know is they are moving closer and closer together. >> congressman, can you explain to us all exactly what is happening here and what is at stake? we've got $90 billion of automatic spending cuts that kick in next year and to do the deal over two years, they need to agree 180, maybe 200 billion of spending cuts to negate that. the information -- and you will know this better than i -- is that they are going for a much smaller deal, maybe 40 or 50 billion. congressman, if they do a 40 or 50 dollar bill, does that neutralize what is at stake? >> that is what's at stake and that's what i know patti murray and paul ryan are trying to do is basically negate the -- across the board cuts with the see zest ragz, which will be deaf state to go our military next year and it's already been devastating to many of our domestic spending initiativ
this has been patti murray and paul ryan. our democratic -- haven't been part of the discussion. so in terms of getting a sense of whether there's a deal brewing that can pass both houses, we don't have enough information at this point to know. all we know is they are moving closer and closer together. >> congressman, can you explain to us all exactly what is happening here and what is at stake? we've got $90 billion of automatic spending cuts that kick in next year and to do the deal...
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. >>> actor paul walker is mourned by millions of fans but one california couple, well, he holds a really special place in their hearts. kyle and kristen uphound were engaged in 2004. kyle was just back from a tour in iraq and about to head back for another one when the couple decided to go ring shopping. kyle wanted to do it up right but the money just wasn't there. >> we started looking at rings and what not. and he kept wanting me to go bigger and i kept saying, no, look at the prices. >> well, there was another shopper in that store with them and then they all struck up a conversation. >> when he found out kyle just came back from iraq, just i remember seeing the look in his face. it kind of transformed. >> so the mystery man, paul walker, kyle and kristen left the jewelry store empty handed. but before they got too far a clerk called them back. >> one of the ladies came out holding a bag and just simply said, here's your ring. and i -- i think both of our mouths dropped. still to this day the most generous thing everyone has ever done for me. >> and the ring, $9,000. the clerk kept w
. >>> actor paul walker is mourned by millions of fans but one california couple, well, he holds a really special place in their hearts. kyle and kristen uphound were engaged in 2004. kyle was just back from a tour in iraq and about to head back for another one when the couple decided to go ring shopping. kyle wanted to do it up right but the money just wasn't there. >> we started looking at rings and what not. and he kept wanting me to go bigger and i kept saying, no, look at...
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if you've had a heart attack, be sure to talk to your doctor [kevin] paul and i have been [paul] well...forever. [kevin] he's the one person who loves pizza more than i do. [paul] we're obsessed. [kevin] we decided to make our obsession our livelihood. [kevin] business was really good. [kevin] then our sauce supplier told me: "you got to get quickbooks." [kevin]quickbooks manages money, tracks sales and expenses. [paul] we even use it to accept credit cards. [paul] somebody buys a pie with a credit card, boom, all the accounts update. [paul] when we started hiring,we turned on payroll. [kevin] it's like our pizza.you add the toppings you want, leave off the ones you don't. [kevin] now business is in really great s [announcer] start using intuit quickbooks for free at quickbooks-dot-com. these are the hands a pediatrician. these are pioneering advances in heart surgery. and these are developing groundbreaking treatments for cancer. they're the hands of the nation's top doctors. kaiser permanente doctors. and though they are all different, they work together on a single mission: saving
if you've had a heart attack, be sure to talk to your doctor [kevin] paul and i have been [paul] well...forever. [kevin] he's the one person who loves pizza more than i do. [paul] we're obsessed. [kevin] we decided to make our obsession our livelihood. [kevin] business was really good. [kevin] then our sauce supplier told me: "you got to get quickbooks." [kevin]quickbooks manages money, tracks sales and expenses. [paul] we even use it to accept credit cards. [paul] somebody buys a pie...
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tell us quickly, what did paul walker mean to you. why would you drive this far to pay tribute to you? >> he was great for racing. i have a mitsubishi as fast and the furious 2, and for me to get that car was a huge inspiration. >> what about yourself? >> growing up with him and seeing the movies and racing and all, it's a thrill, un, watching him act and doing what he does and, you know, we're going miss him dearly. >> reporter: a lot of fans choked up. >> you brought a license plate. >> and we all -- our crew, right here, we all signed it. az love, you will be remembered and missed to paul and roger. >> a lot of love from the valley of the sun coming out to represent and show that we also have love out there. we also support what's going on here. not only we came, but we love paul and people from texas came down and we met up with them and we all got here and it just really inspired us, not only me, but look, everybody. yeah. it touched our hearts when we heard the news that he actually passed away, we just couldn't believe it. we h
tell us quickly, what did paul walker mean to you. why would you drive this far to pay tribute to you? >> he was great for racing. i have a mitsubishi as fast and the furious 2, and for me to get that car was a huge inspiration. >> what about yourself? >> growing up with him and seeing the movies and racing and all, it's a thrill, un, watching him act and doing what he does and, you know, we're going miss him dearly. >> reporter: a lot of fans choked up. >> you...
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what did you like about paul walker and those movies? >> i liked -- because i know the -- i wish they could do the "fast and furious 8." he's hoping a fast and furious 8. i should note someone wants to rename this street paul walker street. >> they already did the number seven. >> they're working on shooting that right now. you're a very good fan, thanks for your knowledge. >> jennifer, another paul walker fan. what do you remember most about him? >> just from his amazing movies and great acting and stuff. >> and ty, paul walker, for you? >> he's the best, man. you know, when he got that r-34 beat up and he built it up by himself and that's just the best about the movie, you know? it lettious know that anybody can put in work and make that money and just build up what they love and do what they love every day and he lets you know, he lets all of these people know out here that that's what it's about. if you don't have it you can get it some way, somehow and that's why i was a fan. >> a lot of these fan, car culture of california saying t
what did you like about paul walker and those movies? >> i liked -- because i know the -- i wish they could do the "fast and furious 8." he's hoping a fast and furious 8. i should note someone wants to rename this street paul walker street. >> they already did the number seven. >> they're working on shooting that right now. you're a very good fan, thanks for your knowledge. >> jennifer, another paul walker fan. what do you remember most about him? >> just...
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los angeles man has within arrested and accused of stealing part of the wreckage from the scene of paul walker. a suspect could face charms of threat and tampering with evidence. >>> let's head back to washington so we can celebrate the life of nelson mandela. hi, wolf. >> very important that we do so. i'm going to speak with a man who grew up just one stepped removed from nelson mandela. his memories of the civil rights icon right after this break. [ male announcer ] this is george. the day building a play set begins with a surprise twinge of back pain... and a choice. take up to 4 advil in a day or 2 aleve for all day relief. [ male announcer ] that's handy. ♪ a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, cel
los angeles man has within arrested and accused of stealing part of the wreckage from the scene of paul walker. a suspect could face charms of threat and tampering with evidence. >>> let's head back to washington so we can celebrate the life of nelson mandela. hi, wolf. >> very important that we do so. i'm going to speak with a man who grew up just one stepped removed from nelson mandela. his memories of the civil rights icon right after this break. [ male announcer ] this is...
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wherever you are with the mobile trader app [kevin] paul and i have been [paul] well...forever. [kevin] he's the one person who loves pizza more than i do. [paul] we're obsessed. [kevin] we decided to make our obsession our livelihood. [kevin] business was really good. [kevin] then our sauce supplier told me: "you got to get quickbooks." [kevin]quickbooks manages money, tracks sales and expenses. [paul] we even use it to accept credit cards. [paul] somebody buys a pie with a credit card, boom, all the accounts update. [paul] when we started hiring,we turned on payroll. [kevin] it's like our pizza.you add the toppings you want, leave off the ones you don't. [kevin] now business is in really great s [announcer] start using intuit quickbooks for free at quickbooks-dot-com. . >>> that is it for this edition of "ac360," join me for the nelson mandela coverage, starting at 3:30 eastern time, here is piers morgan, thank you for joining us. >>> this is cnn breaking news. >> this is "piers morgan live." welcome to our show, from viewers around the world and in the united states. and late
wherever you are with the mobile trader app [kevin] paul and i have been [paul] well...forever. [kevin] he's the one person who loves pizza more than i do. [paul] we're obsessed. [kevin] we decided to make our obsession our livelihood. [kevin] business was really good. [kevin] then our sauce supplier told me: "you got to get quickbooks." [kevin]quickbooks manages money, tracks sales and expenses. [paul] we even use it to accept credit cards. [paul] somebody buys a pie with a credit...
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already it's beating john paul, ii. i think princess diana and these are the biggest funerals in the recent decades. i think nelson mandela will really go out with a great sendoff. >>> you're next. a achilles heel message to the president of ukraine. hundreds of showed out on sunday toppling a statue. demonstrators erupted last week after the president scrapped a deal with moscow. they feel it could resort to violent protests if this unrest continues. >>> after the main opposition part thent he party threatened to resign. a predecessor and brother ousted in a coup in 2006. critics doubt a new election will come to the opposition. >>> chuck hagel is in pakistan today for meetings with the president sharif and other official. they are will talk about afghanistan and the u.s. drone strikes. the defense secretary hasn't gone to pakistan since january of 2010. >>> a short break here on "early start." >>> this is a crazy story. a newlywed couple charged with police. they did it to prove they could and both are now in jail. >>
already it's beating john paul, ii. i think princess diana and these are the biggest funerals in the recent decades. i think nelson mandela will really go out with a great sendoff. >>> you're next. a achilles heel message to the president of ukraine. hundreds of showed out on sunday toppling a statue. demonstrators erupted last week after the president scrapped a deal with moscow. they feel it could resort to violent protests if this unrest continues. >>> after the main...
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i want to turn to paul. american born al qaeda spokesman adam gadan recently called for attacks on westerners in retaliation for the arrest of al libi. based on what you know about terrorism investigations, do you think investigators are looking into a possible connection? >> they are definitely looking at a possible connection. benghazi is a city where there's a strong presence of groups who have sympathy with al qaeda groups, who are linked to al qaeda, including the group thought responsible for the attack on the u.s. consulate in benghazi in september 2012. so they will definitely be looking at that. these groups which have extended their influence across eastern libya, entrenched their position over the last year. >> and in terms of the smith family eventually, they are going to get -- i don't know if they will ever get over their grief but they will want justice, they will want answers. we still don't have answers for what happened in benghazi last september 2012. what are the odds in a place like liby
i want to turn to paul. american born al qaeda spokesman adam gadan recently called for attacks on westerners in retaliation for the arrest of al libi. based on what you know about terrorism investigations, do you think investigators are looking into a possible connection? >> they are definitely looking at a possible connection. benghazi is a city where there's a strong presence of groups who have sympathy with al qaeda groups, who are linked to al qaeda, including the group thought...
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and all coming up, plus the crash that took the life of paul walker, what will it do to the "fast & furious" franchise. >>> also an amazing story of love, hope and inspiration. how she is turning her grief into a message of hope. >> it doesn't hit you until it happens to you, in your town and state. and that can be anywhere. >>> we begin tonight with breaking news, the race against the clock to find the young couple and four little children missing in the remote snowy mountains of nevada. chad myers has more. what can you tell me about this missing family? >> reporter: last night, piers, that was 17 degrees below zero. and that is not the wind chill, but it is so far below your skin temperature, more than 50 degrees really, below freezing. and they're close to reno nevada, in a beautiful wilderness area, they went out sunday to go play in the snow but never came home. the silver jeep with a blacktop is what authorities are looking for. tonight, we're going down to minus six degrees right there. here is what they have to have. and here, if you're going to learn anything from this family you
and all coming up, plus the crash that took the life of paul walker, what will it do to the "fast & furious" franchise. >>> also an amazing story of love, hope and inspiration. how she is turning her grief into a message of hope. >> it doesn't hit you until it happens to you, in your town and state. and that can be anywhere. >>> we begin tonight with breaking news, the race against the clock to find the young couple and four little children missing in the...
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but what happens to franchise after paul walker's death? coming up next. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. [s[man] no one told her,right?a. [son]hi! [mom screams] [people clap and cheer] i want you to know stuff i want you to be kind. i want you to be smart. super smart. i want one thing in a doctor. i want you to be handsome. i want you to be awesome. i don't want you to look at the chart before you say hi...david. i want you to return my emails. i want you to keep me doing this for another sixty years. at kaiser permanente, we want you to choose the doctor that's right for you. find your perfect match at kp.org and thrive. >>> hollywood pays tribute to paul walker after his
but what happens to franchise after paul walker's death? coming up next. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger....
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paul ryan and patty murphy. >> good evening. i am happy to report that senator murray and i have reached an agreement. we've been talking all year. and this week that hard work of the two of us sitting downen a talking to each other all year has paid off. it started because we passed budgets. and senator murray deserves credit for passing a budget through the senate. that got the ball rolling so we started talking. this bill reduces the deficit by $23 billion. and it does not raise taxes, and it cuts spending in a smarter way. from the outset, we knew that if we forced each other to compromise a core principle, we would get nowhere. that is why we decided to focus on where the common ground is. so that's what we've done. that means to me a budget agreement that reduces the deficit without raising taxes and replaces some of the arbitrary across the board spending cuts with permanent smarter reforms that pay for this relief. it balances the budget within ten years. it pays off the debt, but i realize that's not going to pass in th
paul ryan and patty murphy. >> good evening. i am happy to report that senator murray and i have reached an agreement. we've been talking all year. and this week that hard work of the two of us sitting downen a talking to each other all year has paid off. it started because we passed budgets. and senator murray deserves credit for passing a budget through the senate. that got the ball rolling so we started talking. this bill reduces the deficit by $23 billion. and it does not raise taxes,...
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if we could get that off the table, let's say paul ryan and murray are able to come to a miniscule agreement. showing that there are some middle ground seekers in both parties. i think that would improve consumer confidence. it is not a great economy. we're still coming out of a deep downturn. the reason people don't feel that confidence is because we haven't had that much growth. >> i want to give you the final word will. >> where does it go for november? it gives you grid lock. whether you point fingers at shutdowns or regulations, it is what's going on in washington. every time they tie themselves in knots we get a chance at recovery. >> are you being facetious a little bit? >> there is a lot of truth to that. we haven't seen any new bad news and the economy recovers. >> all right. now i get you. thank you both so much. have a great weekend. >>> next, an american teacher gunned down in benghazi, libya. what was he doing? we'll talk to a close friend. then, what has everyone so worked but that the sound of music live? plus, a plane versus 50-mile-per-hour wind gusts. every day we're workin
if we could get that off the table, let's say paul ryan and murray are able to come to a miniscule agreement. showing that there are some middle ground seekers in both parties. i think that would improve consumer confidence. it is not a great economy. we're still coming out of a deep downturn. the reason people don't feel that confidence is because we haven't had that much growth. >> i want to give you the final word will. >> where does it go for november? it gives you grid lock....
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. >>> plus an arrest related to the car crash that killed actor paul walker. why an 18-year-old was taken into custody. [ female announcer ] thanks for financing my first car. thanks for giving me your smile. thanks for inspiring me. thanks for showing me my potential. for teaching me not to take life so seriously. thanks for loving me and being my best friend. don't forget to thank those who helped you take charge of your future and got you where you are today. the boss of your life. the chief life officer. ♪ the chief life officer. i started part-time, now i'm a manager.n. my employer matches my charitable giving. really. i get bonuses even working part-time. where i work, over 400 people are promoted every day. healthcare starting under $40 a month. i got education benefits. i work at walmart. i'm a pharmacist. sales associate. i manage produce. i work in logistics. there's more to walmart than you think. vo: opportunity. that's the real walmart. >>> welcome back to "the lead." i'm jake tapper. in world news, mandela is being mourned as a hero, not just o
. >>> plus an arrest related to the car crash that killed actor paul walker. why an 18-year-old was taken into custody. [ female announcer ] thanks for financing my first car. thanks for giving me your smile. thanks for inspiring me. thanks for showing me my potential. for teaching me not to take life so seriously. thanks for loving me and being my best friend. don't forget to thank those who helped you take charge of your future and got you where you are today. the boss of your life....
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paul, dr. paul, good to see you. thanks for joining us. so you say if enough people use bit coin it could help bring down the dollar? you think that's >>> well, i think it is the other way, when the dollar is in trouble that will be one of the alternatives. i guess it will be the play on it, and the bit coins are used. but something has to happen to the dollar, so i think that is where the real problem is. and mr. greenspan says he doesn't understand the intrinsic value of a vehicle, and frankly, i can't either. but i want to ask him what about the intrinsic value of a dollar? nobody knows what that is. but i think it is an alternative, just one of the alternatives, in the first momentum, then people are going to leave. and the other electronic monies and there will be gold. and we came terribly close to this in 1979 when they took interest rates up to 21% to save the dollar. and maybe next time it won't be so successful. but the dollar has been under attack since the fed was created in 1913. it has lost 97% of its value. and the end stage
paul, dr. paul, good to see you. thanks for joining us. so you say if enough people use bit coin it could help bring down the dollar? you think that's >>> well, i think it is the other way, when the dollar is in trouble that will be one of the alternatives. i guess it will be the play on it, and the bit coins are used. but something has to happen to the dollar, so i think that is where the real problem is. and mr. greenspan says he doesn't understand the intrinsic value of a vehicle,...
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paul is going to join us and sort it all out. next. cg/úÑÑ ♪ [ female announcer ] feed a man a cookie and he eats a cookie. ♪ feed him a fresh baked cookie and he eats a much, much better cookie. bake the world a better place with nestle toll house. the united states population is going to grow by over 90 bakeovemillion people,earsace and almost all that growth is going to be in cities. what's the healthiest and best way for them to grow so that they really become cauldrons of prosperity and cities of opportunity? what we have found is that if that family is moved into safe, clean affordable housing, places that have access to great school systems, access to jobs and multiple transportation modes then the neighborhood begins to thrive and then really really take off. the oxygen of community redevelopment is financing. and all this rebuilding that happened could not have happened without organizations like citi. citi has formed a partnership with our company so that we can take all the lessons from the revitalization of urb
paul is going to join us and sort it all out. next. cg/úÑÑ ♪ [ female announcer ] feed a man a cookie and he eats a cookie. ♪ feed him a fresh baked cookie and he eats a much, much better cookie. bake the world a better place with nestle toll house. the united states population is going to grow by over 90 bakeovemillion people,earsace and almost all that growth is going to be in cities. what's the healthiest and best way for them to grow so that they really become cauldrons of prosperity...
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it's top republican congressman paul ryan and democratic senator patty murray behind this latest agreement that would set government spending levels and replace the automatic cuts set to take effect next year. so what's notably missing? well, major concessions from either side on issues like medicare and medicaid or unemployment benefits. and yet there are still legitimate concerns that this not so grand bargain will not cut the mustard with hard line members of both parties, and as usual, time is running out. cnn chief congressional correspondent dana bash joins me with the very latest. dana, how soon would this have to be brought to the floor of the house or senate to realistically have a chance of becoming law? >> well, they'll have to do it very soon. we are told from sources in both parties there could be a deal within the next few hours. the deadline technically is friday, but they certainly have to go through a lot of important processes to get to that point. what's important to note is what you underscored. we have to say it again. this is not a grand bargain. this is not about the
it's top republican congressman paul ryan and democratic senator patty murray behind this latest agreement that would set government spending levels and replace the automatic cuts set to take effect next year. so what's notably missing? well, major concessions from either side on issues like medicare and medicaid or unemployment benefits. and yet there are still legitimate concerns that this not so grand bargain will not cut the mustard with hard line members of both parties, and as usual, time...
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paul, dr. paul, good to see you. thanks for joining us. so you say if enough people use bit coin it could help bring down the dollar? you think that's a real possibility? am i getting what you said wrong? and maybe next time it won't be so successful. but the dollar has been under attack since the fed was created in 1913. it has lost 97% of its value. and the end stages of a paper currency always goes very quickly although it has been gradual for these hundred years, although there could come a day where i expect it will be panic for the dollar. >>> i want to get your thoughts on some of the big issues of the day. primarily let's talk about your son, senator rand paul of kentucky not hiding the fact that he is contemplating a presidential run, you've run three times, i'm sure you've given him much fatherly advice. but share a little bit with us if you would, what should he look at if he pulls the trigger, and do you think he should go for it? >> well, i think he is going to make up his own mind. and i had my opportunity to give him advice
paul, dr. paul, good to see you. thanks for joining us. so you say if enough people use bit coin it could help bring down the dollar? you think that's a real possibility? am i getting what you said wrong? and maybe next time it won't be so successful. but the dollar has been under attack since the fed was created in 1913. it has lost 97% of its value. and the end stages of a paper currency always goes very quickly although it has been gradual for these hundred years, although there could come a...